Review about the HY Markets
London is the home of the HY Markets. It is certified and controlled by the Financial Conduct Authority of FCA of U.K. it is a trading name of the Henyep Capital Markets UK Limited is a part of the Henyep Group, which is a global spread corporation with more than thirty years of business operation in the financial sector reaching three continents and more than twenty nations globally. It was kept and maintained in its offices in Hong Kong as well as in Dubai.
HY Markets Review says, among the best structures of the HY Markets is the rapid links, this is situated in a different part of the page. The links are subdivided into different products, accounts, trade gears and platforms as well and you can easily click them to find what you need. Navigating is just so easy. The HY Markets offers a big quantity of trading possessions with metals like gold as well as silver, some energy products like oil as well as natural gas from the U.S. there are also essential goods like cotton, indices, sugar and some sort of blue chip stocks. When compared to most of the foreign exchange, the HY Markets just allows the clients to do trading in different capital markets in a particular integrated account. The HY Markets do offers the account holders the use of the well rationalized currency converter.
The HY Webtrader
This is highly acknowledged and it is also easy to use. This enables the traders to get hooked to all of the financial markets coming from a particular interface.
The HY MT4 Download
This is the primary platform and it is also easy to download. It has been the primary option for a lot of veteran and expert traders.
The HY MT4 Webtrader
This platform contains the same appearance and feel in the business’ leading MT4 platform. It is just that it is actually a web based one that doesn’t need to be downloaded by the user. It give the traders the quality that they are looking for. The HY Markets’ primary goal is to lessen the learning curve of the traders and to make them turn from the usual to the new trading platform.
The HY MT mobile
To be able to provide to the mobile trading world, the HY markets have come up with some trading apps that you can also use using your handheld devices.
There are actually 4 kinds of trading accounts at the HY Markets, they are composed of the following:
1. Mini trading account which is best for new traders
• It has a min. deposit amount of 50usd to open
• Leverage of 1:300
• Low spreads from 1.8pip
• Trading size of 1/50 of the premium contract size
2. The usual trading account suited for veteran traders
• Min. deposit of 750usd to open
• Leverage of 1:300
• Spreads of 1.8 pip
• Trade size is 1/10 of the premium contract size
3. Premium trading account which is best for traders who wish to be treated like a VIP and has the advanced trading tools on hand
• Min. deposit of 2,500usd
• Leverage of 1:300
• Min. spreads of 1.8 pip
• Regular contract size
4. HY Pro Trade Account which is best for professional traders who trades in high volumes
• NDD with straight through processing
• Min. deposit amount of 10,000usd
• Leverage of 1:100
• Lowest spreads of 0.5 pip
• Trade size is ½ of the premium contract
The features of the trading platforms
The HY Markets traders can also opt to trade using any of the given platforms.
• MetaTrader4: The HY Markets actually offer the patrons the possibility to trade forex on an improved MetaTrader 4 terminal. This platform is being castoff by the Micro, the Standard as well as the Classic account holders. There is also a web version of the software, this is available to the account holders.
• HY Markets Webtrader: This is actually an in-house web exclusive platform that was made by the HY Markets to give the traders enough access to the forex trading using any PC that has an internet connectivity. This app is also available in different software meant for mobile phone users.
• Mobile platforms: Trading made through different mobile phones via the HY Markets for Android phones.
• Currenex; a type of ECN platform meant for Pro users. This can easily be downloaded.
HY Markets Bonus
Normally, the review cannot go on without the decent analysis of the bonus system as well as the bonus kinds. Here, you can actually bumped into a lot of great bonuses to start or you can also level up your forex experience. As with the other known brokers, they do offer a lot of deposit bonuses. You have to bear in mind that the more you invest, the bigger the amount of the end bonus reward will be.
The smallest deposit amount will be measured depending to the kind of account you have. The standard account has around $500, even if you can have a premium account with a limitation of a high minimum deposit sum of $2,500. In various instances, even if your deposit matches the bonus, that will be considered first. You are highly suggested to track all the promos, special offers and the discounts provided by the company, this is because close to the other forex brokers, it constantly modify its bonuses and offers as well.